Trident raises fiscal 1st-quarter outlook, announces agreement to acquire NXP businessesOctober 5th, 2009 Trident raises fiscal 1st-quarter outlookSANTA CLARA, Calif. — Trident Microsystems Inc., which makes chips for high-definition TV sets, on Monday boosted its fiscal first-quarter outlook, largely due to higher sales.
Jamaica seeks large cruise ships with construction of terminal along north coastSeptember 19th, 2009 Jamica to build large cruise ship terminalKINGSTON, Jamaica — Construction of a cruise ship terminal expected to attract nearly 1 million visitors a year will begin now that Jamaica has secured financing, the government said Saturday. The terminal will be the first in Jamaica's northern region to accommodate the largest of cruise ships and will create some 500 construction jobs and 900 permanent jobs, according to Finance Minister Audley Shaw.
LTX Credence posts loss for fourth quarter, full year of fiscal 2010September 3rd, 2009 LTX Credence posts loss for 4Q of fiscal 2010WASHINGTON — LTX Credence Corp. posted a loss for its fiscal 2009 fourth-quarter and full-year results, but said the outlook for the first quarter of 2010 appears brighter.
Chipmaker OmniVision posts 1st-qtr loss of $9.9 million as revenue falls 39 percentAugust 28th, 2009 Chipmaker OmniVision posts 1Q loss, revenue dropsSANTA CLARA, Calif. — OmniVision Technologies Inc., which makes image-sensing chips, said Thursday it lost $9.9 million in its first quarter, reversing a profit a year earlier as its revenue plunged 39 percent, but it offered an upbeat outlook for the current quarter.
American Capital shares tumble after S&P cuts investment firm's credit ratingAugust 24th, 2009 American Capital shares fall after S&P downgradeBOSTON — Shares of American Capital Ltd. tumbled on Monday after Standard & Poor's Ratings Services lowered debt ratings for the investment firm, citing concerns over debt and earnings performance.
Deere, Alcoa, Electronic Arts, Royal Caribbean Cruises are among big market movers WednesdayAugust 20th, 2009 Deere, Alcoa, Electronic Arts are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
NYSE:
Rentech Inc., down 11 cents to $2.29
An analyst upgraded the stock on a deal to supply synthetic fuel for airline ground operations at Los Angeles International Airport. Deere & Co., down $1.31 at $43.78
The world's largest maker of farm equipment posted a 27 percent decline in third-quarter profit, but easily beat expectations.
Dutch insurer Aegon posts €161 million loss in 2Q, to issue €1 billion in new sharesAugust 13th, 2009 Dutch insurer Aegon posts €161 million loss in 2QAMSTERDAM — Aegon NV, the Dutch insurer, reported a €161 million ($229 million) loss for the second quarter on Thursday due to impairment charges and announced plans to issue up to €1 billion ($1.42 billion) in new shares. In the same period a year earlier, the company had net profit of €276 million.
Novatel posts better-than-expected 2nd-quarter results, shares jump on strong outlookJuly 31st, 2009 Novatel's 2Q results top estimates, outlook strongSAN DIEGO — Wireless modem maker Novatel Wireless Inc. reported a second-quarter loss on Thursday, but says it expects stronger results in the upcoming quarter due a string of new orders.
US cruise traffic fell in 2008 for first time, despite increase abroad, industry report showsJuly 29th, 2009 Report: Cruises slide in US as total rises in '08MIAMI — Fewer Americans took cruises in 2008 than 2007, according to new industry data, showing that cruising's core constituency may be weakening despite continued growth in the pastime worldwide. For the first time since 1998, when the Cruise Lines International Association started publishing economic impact reports, fewer cruise ships set sail from U.S.
Abu Dhabi expects over 50 percent growth in cruise tourismJuly 9th, 2009 ABU DHABI - Abu Dhabi in the United Arab Emirates (UAE) has forecast a 59 percent growth in cruise passenger arrivals in the 2009-10 season, WAM news agency reported Thursday. Forecasts by the Abu Dhabi Tourism Authority (ADTA), which manages the emirate's tourism industry, showed about 200,000 arrivals in the season, which will run from the end of November to the beginning of May 2010, as compared to 125,200 passenger arrivals in the previous season.
National Semi posts $64M loss in latest quarter, outlook slightly ahead of expectationsJune 12th, 2009 National Semi posts $64M 4Q loss but tops viewsSANTA CLARA, Calif. — National Semiconductor Corp.
New 'You Deserve a Cruise Campaign' highlights dealsJune 8th, 2009 New 'You Deserve a Cruise Campaign' offers dealsFORT LAUDERDALE, Fla. — The Cruise Lines International Association is launching a campaign called "You Deserve a Cruise" to highlight deals for cruises sailing later this year and next year.
AK Steel trims second-quarter outlook on GM, Chrysler production shutdownsMay 5th, 2009 AK Steel cuts its second-quarter outlookPITTSBURGH — Production cuts at General Motors Corp. and Chrysler LLC will leave AK Steel with a larger-than-expected loss in the second-quarter, the steel maker said Tuesday.
Royal Caribbean reports 1st-qtr loss but beats Wall Street's expectationsApril 23rd, 2009 Royal Caribbean books 1Q loss but beats forecastsNEW YORK — Royal Caribbean Cruises Ltd., battered by a sharp and prolonged drop in vacation spending, said Thursday it lost less in the first quarter than expected as bookings stabilized and cruise costs declined more than anticipated. Travelers responding to aggressive discounts boosted bookings close to the date of departure, and the company plans to keep offering the deals.
Royal Caribbean predicts better 2009 profit than expected, says bookings are stabilizingApril 23rd, 2009 Royal predicts better 2009 profit than expectedMIAMI — Royal Caribbean Cruises Ltd. offered a brighter forecast than expected for its 2009 earnings on Thursday, saying its bookings are stabilizing and cost-cutting efforts are taking hold.
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